SAIC Motor's 2024 semi-annual performance report released

SAIC Motor released its 2024 semi-annual performance report on August 29. The report shows that the company's revenue in the first half of the year reached 284.69 billion yuan, and its net profit to shareholders was 6.63 billion yuan. In terms of sales, the company's vehicle wholesale sales in the first half of the year were 1.827 million units, and terminal deliveries reached 2.115 million units. In particular, SAIC New Energy Vehicles, whose terminal deliveries reached 524,000 units, a year-on-year increase of 29.9%, ranked second among Chinese automakers. Terminal deliveries in overseas markets also reached 548,000 units, a year-on-year increase of 12.7%.